CNN (October 9)
“The S&P 500 index has gained roughly 21% for the year, notching dozens of record highs along the way as artificial intelligence enthusiasm helps drive stocks higher.” Amid “rising confidence that the US economy will achieve a soft landing” and recent data points suggesting strong economic footing, investors will be “looking to the upcoming earnings season for clues about the US economy’s health.”
Tags: 21%, Artificial intelligence, Clues, Confidence, Earnings season, Economy, Enthusiasm, Health, https://edition.cnn.com/2024/10/09/investing/earnings-companies-stocks/index.html S&P 500, Investors, Record highs, Soft landing, US
The Week (April 29)
“Sometimes booms go bust. That may be happening with artificial intelligence.” OpenAI, Microsoft, Google and other tech companies “have unveiled gaudy new products with fanfare,” but AI hasn’t revolutionized the way people live, work or communicate. Profits are also “turning out to be elusive.”
Tags: Artificial intelligence, Booms, Bust, Communicate, Fanfare, Gaudy, Google, Live, Microsoft, OpenAI, People, Products, Profits, Revolutionized, Tech companies, Work
Deutsche Welle (February 2)
“EU member states on Friday finally came to agreement and approved new laws governing the safety and use of artificial intelligence, or AI…. The crux of the problem in finding unanimity came down to the balance between giving companies enough maneuvering room to make the development of AI products lucrative within the EU, while at the same time establishing rules for the use of a technology that is already affecting every aspect of society.”
Tags: Agreement, Approved, Artificial intelligence, Companies, EU, Lucrative, Rules, Safety, Society, Technology, Unanimity
New York Times (July 25)
“One question is at the top of many investors’ minds: Is the hype around artificial intelligence, which has propelled tech giants’ stock prices sky-high in recent months, justified, or is it another bubble in the making?” At the moment, “Wall Street is deeply divided about the A.I. rally” though this may change as Big Tech reports earnings.
Tags: Artificial intelligence, Bubble, Divided, Earnings, Hype, Investors, Justified, Propelled, Rally, Sky-high, Stock prices, Tech giants, Wall Street